XRP Eyes $7 as Goldman & BNY Move $7.1T On-Chain with Ripple in the Mix

XRP Cup & Handle Pattern Signals $7 Target, Says Analyst Crypto Bull Renowned market analyst Crypto Bull suggests XRP is primed for a major breakout after completing the classic cup-and-handle pattern, one of crypto’s most reliable bullish signals, often preceding explosive rallies when backed by strong ￰0￱ on X, formerly Twitter, Crypto Bull noted , “XRP cup & handle pattern completed, Next stop is $7.” The cup-and-handle pattern, a rounded 'U' followed by a brief consolidation dip, signals strong bullish momentum when ￰1￱ to Crypto Bull, XRP has now completed this formation on higher timeframes, setting the stage for a potential rally toward $7.

His analysis aligns with a recent forecast that XRP might be eyeing a 200% move to $9.63 based on historic cycle ￰2￱ is tightening around the $2.91 level , and with its position as the world’s third-largest cryptocurrency, the next move could set the tone for both short- and long-term ￰3￱ Sachs & BNY Mellon Push $7.1T Money Market Onto Blockchain — Ripple Joins the Revolution According to market analyst Xaif Crypto, two of Wall Street’s most influential players, Goldman Sachs and BNY Mellon, are making a decisive leap into blockchain by moving the $7.1 trillion money market industry onto digital ￰4￱ initiative centers on tokenizing money market funds, enabling faster settlements, reduced friction, and more transparent ￰5￱ a move that caught the attention of the crypto community, Ripple (XRP) has also entered the partnership, underscoring the growing convergence between traditional finance and blockchain-native ￰6￱ market funds are traditionally viewed as one of the safest investment vehicles, offering stability and liquidity for institutions and retail investors alike.

However, the behind-the-scenes mechanics remain bogged down by slow settlement processes, operational inefficiencies, and limited cross-border ￰7￱ leveraging tokenization, Goldman Sachs and BNY Mellon aim to streamline this multitrillion-dollar segment, cutting costs and enabling real-time settlement. Ripple’s involvement adds a significant layer to the ￰8￱ for its focus on cross-border payments and institutional-grade blockchain solutions, Ripple brings the technological infrastructure to bridge legacy finance with blockchain-native efficiency. XRP’s utility in providing liquidity and settlement speed positions it as a natural fit within a tokenized money market ￰9￱ fully integrated, it could enhance liquidity management, improve capital efficiency, and extend access to global ￰10￱ Crypto stressed that this isn’t just a pilot, it’s the start of a structural ￰11￱ firms managing trillions adopt blockchain tokenization, it stops being hype and becomes the rewriting of global financial ￰12￱ crypto, the implications are ￰13￱ a $7.1 trillion market shows blockchain is moving well beyond speculation, gaining institutional trust as core financial infrastructure.

Ripple’s role underscores its position as a pivotal enabler in the digital asset ￰14￱ Goldman Sachs and BNY Mellon’s move to tokenize the $7.1 trillion money market marks a watershed moment for traditional finance and ￰15￱ Ripple in the mix, the initiative underscores how legacy giants and crypto innovators are converging to modernize one of the world’s largest asset ￰16￱ the other hand, if Crypto Bull’s analysis holds, XRP could be on the verge of a breakout that commands market-wide ￰17￱ the cup and handle pattern complete, $7 emerges as a clear technical target, offering both traders and long-term holders a decisive roadmap.